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	<title>ExxonMobil&#039;s Perspectives Blog</title>
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		<title>The facts behind ExxonMobil’s earnings</title>
		<description><![CDATA[ExxonMobil’s fourth-quarter and full-year 2011 estimated results came out today. Our fourth-quarter 2011 earnings were $9.4 billion, and our global earnings total for the year was $41 billion. As I said yesterday, some in Washington will try to make political capital out of oil industry earnings, and will use this opportunity to call for new energy taxes. So I thought I would mention some interesting facts ... ]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/31/the-facts-behind-exxonmobils-earnings/</link>
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		<title>What’s the truth about ExxonMobil&#8217;s earnings?</title>
		<description><![CDATA[ExxonMobil will release financial results for the fourth quarter and full year 2011 tomorrow. Although many Americans understand that the energy the oil and natural gas industry produces is vital to U.S. economic recovery and job growth, some in Washington will no doubt use the occasion to call for increased taxes or other punitive measures against the industry. These critics will likely refer to aggregate industry earnings and try to convey a misleading impression about our industry’s earnings and economic contributions. So what's the truth?]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/30/what-is-the-truth-about-exxonmobils-earnings/</link>
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		<title>What am I paying for in the price of a gallon of gasoline?</title>
		<description><![CDATA[I’m asked this question a lot. And I know a lot of drivers ask themselves this question when they pull up to the pump. The answer is based on the economics of supply and demand and how products are manufactured and sold – along with what the government takes in taxes. Let’s take a look, based on the U.S. Energy Information Administration’s breakdown of the estimated average price of a gallon of gas in December 2011, which was $3.27.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/27/what-am-i-paying-for-in-the-price-of-a-gallon-of-gasoline/</link>
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		<title>Cornell vs. Cornell: Turns out shale gas emissions really are lower than coal</title>
		<description><![CDATA[A Cornell University study came out last spring with what many thought was an unbelievable finding that lifecycle emissions from shale gas could be higher than those of coal. A subsequent Cornell University study has shown that finding really was unbelievable. This subsequent study, recently published by Professor Lawrence Cathles and his colleagues at Cornell, criticizes the methodology and findings of last year’s study by Cornell Professor Robert Howarth and his colleagues.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/23/cornell-vs-cornell-turns-out-shale-gas-emissions-really-are-lower-than-coal/</link>
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		<title>The facts about Keystone XL</title>
		<description><![CDATA[Yesterday, President Obama announced that he had rejected the permit for the construction of the Keystone XL pipeline. The decision came despite the State Department’s rigorous study showing that the Keystone XL pipeline would pose no undue risks to people or the environment – neither by the type of crude it would be carrying, nor by the safety of the pipeline itself.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/19/the-facts-about-keystone-xl/</link>
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		<title>More U.S. jobs thanks in part to shale natural gas, White House report finds</title>
		<description><![CDATA[Earlier this week, I talked about how growing production of shale natural gas is spurring a "renaissance" in U.S. manufacturing. Yesterday, that “renaissance” was the talk of the White House. There, President Obama held a forum recognizing the influx in U.S. manufacturing jobs and investment and released a report detailing the reasons behind this positive trend.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/12/more-u-s-jobs-thanks-in-part-to-shale-natural-gas-white-house-report-finds/</link>
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		<title>Shale gas: A one-million job renaissance for American manufacturing</title>
		<description><![CDATA[Amid all the concern expressed about a decline in the United States’ manufacturing base in recent years, a positive turn of events is helping drive a comeback in this critical sector of the American economy: shale natural gas. A recent study by PricewaterhouseCoopers, “Shale Gas: A renaissance in US manufacturing?”, sums up two main reasons why exponential growth in U.S. shale gas production is giving a much-needed boost to U.S. manufacturers. ]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/10/shale-gas-a-one-million-job-renaissance-for-american-manufacturing/</link>
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		<title>Study sums up the extraordinary performance – and potential – of U.S. shale gas</title>
		<description><![CDATA[$76 billion share of U.S. GDP. $33 billion in capital investments made. $18.6 billion in federal, state and local government tax and federal royalty revenues. 600,000 jobs supported. And that was just in 2010. These impressive stats sum up the economic contributions of U.S. shale gas production in 2010, according to a recent study from IHS Global Insight. But even better outcomes are yet to come, the study’s findings show.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/06/study-sums-up-the-extraordinary-performance-and-potential-of-u-s-shale-gas/</link>
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		<title>Mandating the impossible: The EPA and cellulosic ethanol</title>
		<description><![CDATA[Here’s a New Year’s resolution worth making: Let’s not mandate the impossible. Unfortunately, the Environmental Protection Agency did just that last week, setting new quotas for 2012 that will require the nation’s refiners to add 8.65 million gallons of cellulosic ethanol to America’s fuel supplies. The only catch: America doesn’t have the cellulosic ethanol to meet that standard.]]></description>
		<link>http://www.exxonmobilperspectives.com/2012/01/03/mandating-the-impossible-the-epa-and-cellulosic-ethanol/</link>
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		<title>The Outlook for Energy in the United States</title>
		<description><![CDATA[At this time of year there is no shortage of commentators and pundits who will look back on 2011 – but rather than do the same on this blog, let's instead look ahead at what the future holds for America’s energy. For that, I turn to ExxonMobil’s Outlook for Energy, released earlier this month. The published version of the Outlook focuses mostly on global energy trends to 2040. But as part of putting together the Outlook, ExxonMobil also takes a detailed look at individual countries, including the United States. Here are some of our findings.]]></description>
		<link>http://www.exxonmobilperspectives.com/2011/12/29/the-outlook-for-energy-in-the-united-states/</link>
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